Residents Outraged by Failed Foxconn Promises

The U.S. version of the British newspaper and website The Guardian has talked to residents of Mount Pleasant, Wisconsin displaced by construction of a giant high-tech plant by Chinese venture Foxconn, and many are upset at the lack of progress.

In 2017, Mount Pleasant officials had used the promise of 13,000 jobs and $10 billion in private investment by 2023 as justification for forcing hundreds of residents from their homes and turning the property over to Foxconn.

Officials vowed to transform Mount Pleasant into a high-tech hub for manufacturing known as “Wisconn Valley," says the report.

Instead, the project has failed to live up to expectations, leaving residents frustrated. Few jobs have materialized and Foxconn has not submitted new construction plans in over a year. The LCD screens that were supposed to be made there aren’t being built in its factory, which so far is 20 times smaller than proposed and now zoned as “storage.”

Finally, as Foxconn has failed to meet its job creation targets, Wisconsin’s governor, Tony Evers, last month pulled a deal that would have handed the company nearly $4.5 billion in incentives for completing its plans.

You can read more from The Guardian here.

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